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Dec 3, 2013 2:00pm PST
, attacking labor. everybody makes way too much money in detroit and that's the problem. low taxes. of course, we've got to cut taxes. but here's the catch. wi withholding state money from the city has helped crush the city of detroit. now, i don't know what city you live in. but let's just think about this. all of a sudden, your city, and you pay state taxes, you're not going to get any state funds anymore. oh, no, no, no. you live in who struck john usa. no, you don't get taxes anymore. the state legislature is holding the money from you so you have to suck it up. the numbers are pretty staggering. you've got deregulation of wall street, which has also hurt the pensions and when it came back, how much money did that go to the pension fund to help out oh? detroit lost roughly 300,000 jobs over the past 30 years. there is no way a city survives when it loses 90% of its manufacturing base. the tax base has eroded, along with public services and public safety. what's the result? people are getting the hell out of town. severe outmigration. and those who are staying there are getting stuck with
Dec 4, 2013 2:00pm PST
themselves to put food on the table, to give their tax money to you, and then you're not even going to buy food with it. you're going to buy booze and drugs with it. >> you're going to buy booze and drugs with it? really? no kidding! you know those feex, o'reilly? i bet you dine with them every night, don't you? you know where america is. o'reilly's claim is absurd and totally insensitive to these people in this country in need. first of all, for the record, not that facts matter over at fox. it is impossible to buy drugs and alcohol with food stamps! if you get s.n.a.p. benefits, you get a government-issued debit card. and et ceteit's on the usda, un states department of agriculture website says s.n.a.p. benefits can be used only for food. it specifically says alcohol and tobacco are not prohibited. and i'm pretty sure drug dealers don't seem to be taking any debit cards as of late, but we would have to ask rush about that. billo said that he's also worried we are creating a society of dependency. >> my parents didn't make a lot of money, and they were able to put food on the table. and i
Dec 6, 2013 2:00pm PST
. and this is no doubt a product of republican policies that provide tax breaks to the wealthiest americans. grasp this number since the great recession started. 95% of income gains since 2009 have gone to the top 1%. sure, it's been a great return during the recession for the top 1 and 2%. but that line down at the bottom, it's still there. and the green line is when ronald reagan's trickle-down economics took effect. this graphic is a product of trickle-down economics. it doesn't work for wage-earners at all. republicans right now, they've got nothing to offer wage earners. nothing. nothing is on the table. no job security, no health care, no jobs, package, nothing. and here is their focus. on thursday, republican lawmakers attended the american legislative exchange council's, a.l.e.c.'s annual policy summit. full disclosure, our parent company, comcast, along with many other parent corporations, are associated with a.l.e. krcht, a conservative conversation that pushes stand your ground and opposes the minimum wage increase. this summit basically was a back room event. there were no recording de
Dec 9, 2013 2:00pm PST
to say, we are sorry, and sick and tired about a house of representatives that wants to give more tax breaks to millionaires and billionaires at the same time as the middle class disappears and we have more people living in poverty than any time in american history. so you asked me, ed, can we pass a minimum wage. if millions of americans -- and by the way, the polls are overwhelming. >> overwhelming. >> in favor of raising the minimum wage. if we make our republican colleagues an offer they can't refuse, and that is they ain't going to stay in congress unless they raise the minimum wage, unless they give us a jobs program. you know, we have youth unemployment today at around 20%. an entire generation not getting out into careers, earning a living. we have got to create millions of jobs, and we have got to pass legislation to protect the long-term unemployed. >> senator, what i'm hearing, the budget deal could not be good. that the republicans are holding the line, you're on the budget conference committee. will you allow unemployment benefits to expire? how heated is this going to be
Dec 2, 2013 2:00pm PST
the christmas recess? well, yeah. they're going to go shopping. they're going to take your tax dollars and go shopping. and now if you're asking me if they're going to make a deal, probably not. it's the congress. stick around. rapid response panel coming up. >>> i'm jane wells with your cnbc market wrap. the dow dropped 77. the s&p lost four. and the nasdaq down 14. this despite good news manufacturing activity topped expectations in november, growing at its fastest pace in more than two years. construction spending edged .8% in october. this is its fastest pace in more than four years, driven by a boost in government project. and today marks the biggest online shopping day of the year, cybermonday. analysts expect over 131 million people to jump on the web for the best holiday deals. excuse me while i get back to shopping. that's it from cnbc, first in business worldwide. as your life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. whereve
Search Results 0 to 4 of about 5